KAR 0.00% $1.48 karoon energy ltd

When all looks bad, page-30

  1. 12,390 Posts.
    It's a valid point isn't it. The company is stagnant ie no drilling, no JV's, 30% of their leases are on ice.

    Why not downsize and stop this waste until activity can pick up again?
    On one hand drilling has never been cheaper, so Kar decides to not drill, yet maintains full admin drain?
    It's getting smelly. Not even Emma can cheer me up.
 
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